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Health insurers shifting costs ahead of law – report

By |April 16, 2010|Health Care|

Source Reuters
By Susan Heavey

WASHINGTON (Reuters) – Some of the largest U.S. health insurers are changing their accounting practices to book administration costs as medical costs in an attempt to circumvent new industry reforms, according to a U.S. Senate panel’s report released on Thursday.

Under the healthcare law passed in March, insurers must adjust their spending habits to meet new requirements. For example, large group plans must spend at least 85 cents of every premium dollar paid to them on actual medical care as opposed to administrative costs, while individual and small group plans must spend 80 cents.

Wall Street closely watches such spending levels, known as medical-loss ratios, or MLRs, as a sign of potential profits. Major health insurance stock indexes fell after the report. (more…)

“Fake papers news” continue to surface.

By |June 12, 2009|Ethics|

We here at Chiro.org take great pride in providing current, updated and accurate information for chiropractors. In this the latest of my posts about fake journal articles being uncovered, I provide further evidence that what you see, not only on the web but also in “scientific” journals,¬† my not be all it is presented to be. Great care is an absolute MUST when obtaining information, period, no matter what the source of that information! So to borrow a phase from the only TV Series, Hill Street Blues, “Hey! Hey! Hey! Be careful out there!”

Here at 2 more posts from The Scientist blog reporting, yet more, fake journal news:

Editors quit after fake paper flap

OA publisher accepts fake paper